Pyth

Volmex Finance is developing a perpetual futures exchange, offering the first venue for trading volatility index perpetual futures and traditional derivatives. The exchange utilizes a limit order book for a superior user experience. Additionally, Volmex has introduced regular BTC and ETH futures. Both markets are #PoweredByPyth for collecting price references and managing funding rates.

zkDXio has announced its plans to introduce derivative trading to the ZKFCommunity, with all operations being powered by Pyth.

Thala Labs, a decentralized finance protocol native to the Aptos blockchain, is now contributing its DEX market data to the Pyth Network. This will provide deeper liquidity and cross-protocol integrations for THL, sthAPT, and MOD assets. Thala currently has over $100M in Total Value Locked (TVL). The Pyth Network is expanding its data publishers and aims to support Aptos-related assets, including liquid staked tokens.

In just one month, Pyth facilitated a traded volume increase from $11.6 billion to $22.7 billion.

OmniBTC, a decentralized cross-chain swap and borrow-lending protocol, is aiming to unify all on-chain liquidity using interoperability protocols such as LayerZero and Wormhole. They have already launched on 18 chains and utilize Pyth Price Feeds for their pricing mechanism.

Pyth has partnered with zkFair to bring the 400+ Pyth Price Feeds to the zkFair community. This partnership will make the price feeds available to developers building the future of finance on zkFair. As part of the partnership, zkFair will share a portion of the fees collected by the sequencer with developers, in proportion to the amount of calls made to the Pyth contract deployed on-chain. The fees will initially go to the Pyth Data Association.

Pyth Entropy and Price Feeds have been deployed on Blast, a new Ethereum Layer 2 blockchain. Blast offers native yield for ETH and stablecoins and aims to unlock a decentralized economy driven by DeFi, NFTs, and SocialFi. The partnership recognizes Pyth Network as the preferred oracle partner for Blast. Pyth Entropy provides decentralized randomness and will enhance Blast's capabilities for NFT initiatives, prediction markets, and Web3 gaming. Pyth Price Feeds offer low-latency and comprehensive price data for DeFi developers.

Vela Exchange has launched the Trading Grand Prix on the Arbitrum platform, with support from Pyth Data. The competition offers a multi-season trading challenge where participants can secure their name on the leaderboard. Pyth Data's ultra-low-latency price data enables Vela to provide a smooth trading experience. There will be an exclusive AMA session to learn more about the Trading Grand Prix.

Pyth is excited to support Vela Exchange's Trading Grand Prix. The contest will feature participants competing for a place on the trading leaderboards. Pyth's ultra-low-latency price data will enable Vela to provide a smooth trading experience. To learn more, read the case study and join the upcoming AMA session.

SwissBorg, a leading crypto wealth platform, has joined the Pyth Network and will contribute its market data for various digital assets and foreign currencies. SwissBorg's CTO, Nicolas Rémond, highlighted Pyth's low-latency oracle and pull business model as key innovations for the growth of DeFi. Abhimanyu Bansal, Head of Partnerships at Douro Labs, expressed excitement about SwissBorg's reliable and credible data contribution to ensure security and reliability on the Pyth Network.